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they think of the u.s. being center right. and much to joe's chagrin, the u.s. is center right in an election year. fiscal cliff. >> it's fiscally center. i don't know if it's center right. >> martin, what's happening around the globe in terms of you're talking about -- >> i wish i knew because it's very mucky. it's tough. and i think clients have actually gone from looking -- >> i'm looking up the same thing. >> clients have gone from looking at annual for quarterly. i think we saw in september really rapid adjustments by clipts clients. july and august were okay. september was tough. october was better than we thought. but it's very uncertain. they're finding it very difficult to predict consumer behavior in the short term. >> and as a result they're pulling back? >> as a result they're being very cautious. so while you have the fiddling this washington and we saw that in the summer of 2011, exactly the same situation -- >> do you blame this on the fiscal cliff in part? >> it's part of it. we talk about four gray swans, eurozone, middle east, china, hard/soft
they think of the u.s. being center right. and much to joe's chagrin, the u.s. is center right in an election year. fiscal cliff. >> it's fiscally center. i don't know if it's center right. >> martin, what's happening around the globe in terms of you're talking about -- >> i wish i knew because it's very mucky. it's tough. and i think clients have actually gone from looking -- >> i'm looking up the same thing. >> clients have gone from looking at annual for...
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Nov 30, 2012
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both the u.s. and israel strongly object to the move, arguing that palestinians must first recognize israel's right to exist before gaining new rights at the u.n. >>> all right. harold, let's do "the l.a. times." >> i enjoyed watching him do it. >> i'm getting nervous. "los angeles times." a new study finds ice sheet melting in greenland and an antarctica, more than 300 billion tons of glacial ice are lost each year. the earth's sea level has risen eight inches since pre-industrialization times. >> that was a good read. you were overemphasizing a tad bit, but i like it. i'll give you some lessons. >> my posture, do i do this? >> you just want to be centered. you want to be strength, warmth, confidence is what you want to exude. you want to cluster some words so you don't bore people. >> i thought i was talking too fast. >> in my next life, i'm going to be a consultant and teach people how to truly learn how to communicate on television. >> that is great. >> you think that's what i should do? >> yes
both the u.s. and israel strongly object to the move, arguing that palestinians must first recognize israel's right to exist before gaining new rights at the u.n. >>> all right. harold, let's do "the l.a. times." >> i enjoyed watching him do it. >> i'm getting nervous. "los angeles times." a new study finds ice sheet melting in greenland and an antarctica, more than 300 billion tons of glacial ice are lost each year. the earth's sea level has risen eight...
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Nov 30, 2012
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brian daniel is a u.s. navy veteran and author of the new book "the american ideology, taking back our country with the philosophy of our founding fathers." let me start the interview by saying thank you for your service. >> thank you. >> gretchen: and i know what inspired you to write this book was what? >> this began -- this is a three-year project for me that began in 2009 when the debates over obamacare were really at their crescendo. and for me, it was astonishing to see so many congressmen and congresswomen really not have an opinion about whether or not obamacare even was constitutional. these are people who raised their right hand to take the oath to support the constitution and yet they don't have an opinion on the constitutionality of something that is just a huge regulatory burden on the american people. >> brian: by the way, john roberts saying it's a tax. it was really frustrating for you to have that be his conclusion. you say overall this goes to the bigger question, the overbearing nature of
brian daniel is a u.s. navy veteran and author of the new book "the american ideology, taking back our country with the philosophy of our founding fathers." let me start the interview by saying thank you for your service. >> thank you. >> gretchen: and i know what inspired you to write this book was what? >> this began -- this is a three-year project for me that began in 2009 when the debates over obamacare were really at their crescendo. and for me, it was...
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the u.s. is being major point of resistance for unionize ation wal-mart and it looks as if the toy that shifting at this point all right one more question before i do i just want to emphasize to watchers of the show fans of the kaiser report strike that debt is a fantastic global campaign where the economies of scale are being tipped in favor of those fighting against the bankers and the terrorist financial terrorists and if anyone can support this campaign please look up on the web strike that debt and get that his numbers up too many many many times and they already are because this is one of the most brilliant campaigns i've seen over the past three years now finally andrew ross you write about life and work and precious times or as you say precarious times most of the job. laws during the financial crisis were well paid with benefits while most jobs gained during the so-called recovery have been the low paid and precarious sort if you speak on that we have about thirty seconds just one cor
the u.s. is being major point of resistance for unionize ation wal-mart and it looks as if the toy that shifting at this point all right one more question before i do i just want to emphasize to watchers of the show fans of the kaiser report strike that debt is a fantastic global campaign where the economies of scale are being tipped in favor of those fighting against the bankers and the terrorist financial terrorists and if anyone can support this campaign please look up on the web strike that...
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Nov 29, 2012
11/12
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we put that up on the screen but the u.s. is responsible for 17% of the fund and what goes on there. 17% of that money in theory is coming from us. do you really think someone here in the u.s., president obama hasn't been very tough on these things. do you really see him standing up saying you know what? we're out? >> he has to listen to the american people. i can't believe in looking at national security, and looking at the evolution of who our real friend are in the middle east and egyptian people would stand to allow our president to remain silent as he has. has been silent. it is not right time to stay silent. all it is words for the imf. spokesperson for the imf said they're looking for assurances that eu and united states will stand behind these loans. if they don't get it on meeting on december 199h, i think they pull out of it. liz: yeah. >> that would be one of the ways to out of morsi and get real change for liberals the ones marching in egypt, not the thugs and theocrats running the government now. liz: real quick
we put that up on the screen but the u.s. is responsible for 17% of the fund and what goes on there. 17% of that money in theory is coming from us. do you really think someone here in the u.s., president obama hasn't been very tough on these things. do you really see him standing up saying you know what? we're out? >> he has to listen to the american people. i can't believe in looking at national security, and looking at the evolution of who our real friend are in the middle east and...
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Nov 29, 2012
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ambassador leading the u.s. argument on the palestinian vote on symbolic, nonmembership in the general assembly. but there were hearings again on the hill. we'll talk to joe lieberman in a moment. what is state of play whether the president is sticking with her in he did quite the show of support during the cabinet meeting yesterday at a photo op. >> reporter: he has publicly maintained that show of support. officials say that despite the fact that susan rice continues to come under fire from a number of lawmakers, including those woman she met this week say they have more questions after having met with her, senior officials tell me the president is not turning away from her, that he is still holding her up as a high possibility as one of his choices for secretary of state. of course the meetings go on the investigation goes on. senior officials tell me the president is standing by her, not only publicly but privately. >> ruth there have been issued raised whether she was being attacked, criticized because she'
ambassador leading the u.s. argument on the palestinian vote on symbolic, nonmembership in the general assembly. but there were hearings again on the hill. we'll talk to joe lieberman in a moment. what is state of play whether the president is sticking with her in he did quite the show of support during the cabinet meeting yesterday at a photo op. >> reporter: he has publicly maintained that show of support. officials say that despite the fact that susan rice continues to come under fire...
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Nov 29, 2012
11/12
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amazingly, this is not the biggest u.s. lottery prize ever. in march of this year, three tickets shared a megamillions jackpot of $656 million. last night, nearly 9 million ticketholders won smaller consolation prizes. if you matched 5 out of 6 winning numbers, you'll take home prizes totalling more than $130 million. and for the rest of us, there's jimmy kimmel's advice. >> the lottery is an opportunity for your dream to come true, especially if your dream is to lose a dollar. >> reporter: lottery officials are saying that when the numbers drawn are low number, in this case, all of them under 30, those are the ones that people tend to play, because they coin side with birthdays, anniversaries, things like that. and they increase the chances of more than one winner. amy? >> but not likely enough for us. all right, david, thanks so much. >>> we want to head to st. louis, missouri, home to the second winning ticket in this huge powerball jackpot. abc's alex perez is there live. alex, good morning. >> reporter: well, amy, good morning. this gas s
amazingly, this is not the biggest u.s. lottery prize ever. in march of this year, three tickets shared a megamillions jackpot of $656 million. last night, nearly 9 million ticketholders won smaller consolation prizes. if you matched 5 out of 6 winning numbers, you'll take home prizes totalling more than $130 million. and for the rest of us, there's jimmy kimmel's advice. >> the lottery is an opportunity for your dream to come true, especially if your dream is to lose a dollar. >>...
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Nov 29, 2012
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we're very focused here in the u.s. on u.s. relations and trade with other countries, but trade is now happening, south-south trade, you have malaysia and new year's trading aggressively across the south region with brazil. i think the growth in the emerging world is not to be missed. but a good way to play it is through u.s. nationals. they can benefit from some incredible effect know logical things happens. 3-d printing is phenomenal. but you have technological advances that are going to allow countries as i said thailand, the philippines, indonesia, brazil continuing to develop their domestic economies. >> what do you say to a client or buddy who says your stock portfolio makes sense you may want to buy some art. >> if the orld's largest economies are weakening their -- so i think art and real estate in some areas does make sense. art starts to be an investment that isn't for everyone, right, because it's not super liquids and you have to really understand what you're buying. you can also get killed in those environments. >>
we're very focused here in the u.s. on u.s. relations and trade with other countries, but trade is now happening, south-south trade, you have malaysia and new year's trading aggressively across the south region with brazil. i think the growth in the emerging world is not to be missed. but a good way to play it is through u.s. nationals. they can benefit from some incredible effect know logical things happens. 3-d printing is phenomenal. but you have technological advances that are going to...
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Nov 29, 2012
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reports that the u.s. economy has been growing at a faster rate than had been estimated earlier. 2.7% annual rate from july through september. economists believe growth is slowing to a rate below 2% because of disruptions in the superstar and worries about tax increases and spending cuts -- disruptions from the super storm and worries about tax increases and spending cuts. speaker boehner once the president to move of his position on rates. the president will not move. the president keeps saying he has laid what republicans call his $1.60 trillion revenue plan on the table. if the speaker boehner has the alternative, he should say it rather than talking about non- specific revenues entitlement cuts. an update on hostess. the company will ask a bankruptcy judge for permission to give its top executives bonuses totaling up to $1.8 million today. the company says the incentive pay is needed to repay 19 managers during the liquidation process. and they could earn more, depending on how well the carry out their
reports that the u.s. economy has been growing at a faster rate than had been estimated earlier. 2.7% annual rate from july through september. economists believe growth is slowing to a rate below 2% because of disruptions in the superstar and worries about tax increases and spending cuts -- disruptions from the super storm and worries about tax increases and spending cuts. speaker boehner once the president to move of his position on rates. the president will not move. the president keeps...
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u.s. equity futures at this hour actually higher. up by about 65 for the dow, s&p more than 7, and as joe mentioned, the fiscal cliff is still the focus. today treasury secretary tim geithner will be meeting with congressional leaders. first harry reid at about 10:00 and then followed by a session with john boehner, eric cantor, paul ryan and chairman of the house's tax writing ways and means committee dave camp. also lunch with republican senate minority leader mitch mcconnell and nancy pelosi. yesterday a number of high profile corporate leaders met with president obama at the white house, including lloyd blankfein. >> both sides have acknowledge there had is revenue concessions and entitlement concessions. in fact if you listen to it, again, i'm not a master of the political art here, but i would say if you have these point of views in a business context, i would say a deal would be in reach. >> among our guests this morning, we have ron johnson. at the white house today, president obama will host mitt romney for a private lunch.
u.s. equity futures at this hour actually higher. up by about 65 for the dow, s&p more than 7, and as joe mentioned, the fiscal cliff is still the focus. today treasury secretary tim geithner will be meeting with congressional leaders. first harry reid at about 10:00 and then followed by a session with john boehner, eric cantor, paul ryan and chairman of the house's tax writing ways and means committee dave camp. also lunch with republican senate minority leader mitch mcconnell and nancy...
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compare that number to the rest of the world, suddenly the u.s. economy is looking pretty damn good by comparison to other countries. >> it actually feels like the economy is gathering steam. these kind of revisions help you feel that way. sandy is an aberration in the unemployment numbers as brian said. essentially we look at housing, consumer spending. the economy is on a pretty good track. the question is whether we go over the cliff at the end. >> joe, i just will say, there's kind of an underlying sense that if we get the right deal -- and i think all of us sort of know what that includes, that we are kind of spring-loaded for serious growth. the consumers have already spoken in terms of holiday seals. i'm not saying 3.5% or 4%, but if we get a deal, there's optimism we'll see serious growth. >> what's the feeling in your world about whether we'll get a deal? i would say in my world in washington people are pretty pessimistic. seems like in your world they're more optimistic. >> we go by what the tape says. the tape yesterday was green. there
compare that number to the rest of the world, suddenly the u.s. economy is looking pretty damn good by comparison to other countries. >> it actually feels like the economy is gathering steam. these kind of revisions help you feel that way. sandy is an aberration in the unemployment numbers as brian said. essentially we look at housing, consumer spending. the economy is on a pretty good track. the question is whether we go over the cliff at the end. >> joe, i just will say, there's...
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save later. >> brian: in a few weeks u.s. home owners could be facing devastation if the tax is allowed to expire. bob massi has been pressing through this crucial issue for months. >> it expires at the ends of this year action don't forget to call your representatives, united states representatives to tell them they must extend the mortgage relief act because it could be devastating to our whole country in real estate. >> brian: i love that guy. when massey reached out to his local congressman, he got a cut in paste response. i have co-sponsored legislation to extend the mortgage debt relief act. so are we really on the brink of a housing disaster? bob massi, how close are we to getting it renewed or collapsed? >> stuck in the ways and means committee now, brian. they've got as they always do with these bills, attached to other bills, talk to them the other day. again, they're still a big fight going on in this extension. as i think it will show, last week 43 of the attorney generals in this country wrote a letter saying exa
save later. >> brian: in a few weeks u.s. home owners could be facing devastation if the tax is allowed to expire. bob massi has been pressing through this crucial issue for months. >> it expires at the ends of this year action don't forget to call your representatives, united states representatives to tell them they must extend the mortgage relief act because it could be devastating to our whole country in real estate. >> brian: i love that guy. when massey reached out to his...
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it says, u.s. government, $492 billion and no cents, and on the bottom it says, this program was initiated by the president of the united states in conjunction with the bi-partisan congressional leadership. the undersigned adviser, negotiator, and executor -- the office of management and budget. i was proud to have this. i can tell you, i never worked harder for anything in my life and this piece of plastic. in any case, most of the presentations so far have been on the policy. i was very much about the process. in that sense, i want to talk about a process perspective, three different things. context, precedent, and value. context -- it has been mentioned that back then we did not have laptops and cell phones. i do not remember governor sununu, when we first guarded this -- something like in june or that nature that we started planning to get away. when we started discussing different options, i do not think andrews was first, but andrews quickly developed a very good option because of the militar
it says, u.s. government, $492 billion and no cents, and on the bottom it says, this program was initiated by the president of the united states in conjunction with the bi-partisan congressional leadership. the undersigned adviser, negotiator, and executor -- the office of management and budget. i was proud to have this. i can tell you, i never worked harder for anything in my life and this piece of plastic. in any case, most of the presentations so far have been on the policy. i was very much...
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Nov 28, 2012
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mostly watching dallas fed president fisher who is going to talk about the fiscal challenges in the u.s. and abroad. you look at yesterday, harry reid opens his mouth, no deal done and market falls 80, today boehner comes out saying that tax revenue is on the table and here we are up 100 points. i'll be buying good quality growth companies that any fallback from the fiscal cliff and i'm going to be buying. >> your 30 seconds starts now. >> yeah, well, today the s&p 500 tested the 200-day moving average. as we close out the month of november. we've seen relative strength in small cap stocks over large cap stocks. we're looking for that relationship to hold up, as well. and tomorrow we'll be looking at the growth number, which of course, consensus will expect an increase. we don't think it'll be a game changer because of the head winds such as the fiscal cliff, but we think it'll contribute to optimism about the economy. >> you're in a
mostly watching dallas fed president fisher who is going to talk about the fiscal challenges in the u.s. and abroad. you look at yesterday, harry reid opens his mouth, no deal done and market falls 80, today boehner comes out saying that tax revenue is on the table and here we are up 100 points. i'll be buying good quality growth companies that any fallback from the fiscal cliff and i'm going to be buying. >> your 30 seconds starts now. >> yeah, well, today the s&p 500 tested...
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has continued borrowing despite the downgrade of the u.s. credit rating last summer i mean how do you explain the treasury yields are so low i mean i understand that eventually people may not want us debt u.s. government debt but that day seems far away look at a yield like that we don't know how far away that day is it's a mania i mean it's crazy that's what it is in fact the united states is borrowing today at a much lower rate that it borrowed ten twenty thirty years ago despite the fact that it's far less credit worthy than we were ten twenty thirty years ago you know we were a better risk that then yet it cost us more to borrow you know it's just like the mentality around the internet bubble around the the real estate bubble the fundamental you can't look for an explanation it's irrational irrational exuberance it is a mania it is a bubble but clearly argued that also if the u.s. wasn't buying treasuries that the fed wasn't involved in the bond market that bond yields would actually be lower. no that's impossible the fed the fed is the
has continued borrowing despite the downgrade of the u.s. credit rating last summer i mean how do you explain the treasury yields are so low i mean i understand that eventually people may not want us debt u.s. government debt but that day seems far away look at a yield like that we don't know how far away that day is it's a mania i mean it's crazy that's what it is in fact the united states is borrowing today at a much lower rate that it borrowed ten twenty thirty years ago despite the fact...
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and united nations climate conference, the u.s. is told it's not doing enough to stop temperatures from chiming. china and india, and other major polluters want us to pay more. we're calling this a global money grab. they want us, they want more money from us. and here with the nrdc action fund. why are we the targets of-- why are we the villains here? >> well, stuart, i think that we're looking out for american interests here and this climate change is a threat to americans and we see that threat across the summer. the worst drought that i know. >> i've got the talking points, but this is the united nations, this is the united nations china is saying, you americans, you're the villains here and india saying the same thing. and china's the world's largest polluter. why are we the villains here? why is it the united nations is the vehicle to screw money out of us? >> well, i think that we need to take a global approach. it's a global problem and you make a good point. china is part of the problem, and india, japan, europe we're all
and united nations climate conference, the u.s. is told it's not doing enough to stop temperatures from chiming. china and india, and other major polluters want us to pay more. we're calling this a global money grab. they want us, they want more money from us. and here with the nrdc action fund. why are we the targets of-- why are we the villains here? >> well, stuart, i think that we're looking out for american interests here and this climate change is a threat to americans and we see...
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>> i'm convinced they will do. >> so when you look at the u.s. market, it has been strong, but not overly strong. what's the change in the next year, do you see that continuing? >> as opposed to the premium, like porsche, we'll have success, and there will be a discussion about this, what you mentioned before, from my point of view, most of the volume will get but not the -- >> mathias muller, a worldwide debut, there it is, the new porsche cayman, sees it first here on cnbc. >> i'm getting e-mails from people who have a cayman who say they should have waited, it's absolutely gorgeous. thank you, phil. >>> marisa meyers speaking out publicly for the first time. what did she have to say about the silicon valley internet giant. >>> and we're expecting the president to speak at any moment. let's hope it doesn't come during the commercial break. back in a second. [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. >>> groupon making -- the company is due to
>> i'm convinced they will do. >> so when you look at the u.s. market, it has been strong, but not overly strong. what's the change in the next year, do you see that continuing? >> as opposed to the premium, like porsche, we'll have success, and there will be a discussion about this, what you mentioned before, from my point of view, most of the volume will get but not the -- >> mathias muller, a worldwide debut, there it is, the new porsche cayman, sees it first here on...
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but the u.s. treasury department is now stopping short of labeling the second biggest economy a currency manipulator. the white house is expected to send congress multibillion dollar request to fund the recovery of superstorm sandy. the storm caused an estimated borrow 70 billion in damages. some congressional aides saying the funding likely to be $11 billion. >>> to ensure an orderly wind down. the union says it objects to allowing incumbent management to supervise the company's liquidation given the battles between management and the unions. some of this is -- >> they think there's going to be retaliatory moves to say forget -- >> and that they're going to line their pockets and, you know, on the way out. they, of course, are creditors as is so many others. >> we don't have any twinkies. >> no, you don't. >> we ate them all? >> those were already gone. we have devil dogs, funny bones, we have other ones, ring dings. >> ho hos. >> lemon cupcakes. >> while we're talking of ho-hos, quick check of t
but the u.s. treasury department is now stopping short of labeling the second biggest economy a currency manipulator. the white house is expected to send congress multibillion dollar request to fund the recovery of superstorm sandy. the storm caused an estimated borrow 70 billion in damages. some congressional aides saying the funding likely to be $11 billion. >>> to ensure an orderly wind down. the union says it objects to allowing incumbent management to supervise the company's...
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four u.s. servicemen and women are suing the military. there argue there are no clear front lines and women find themselves engaged in combat. they are deny promotion because many leadership positions come with combat jobs. >> steve: taking you back to a time a day in miami in the airport at 2011. a fella sitting at the bar and thinking. there is people i would like to get to know. >> brian: he was noticing that people were looking at other people >> chris: we need something to do. he came up with the idea of a dating website and getting to meet people at the airport.com. i just looked at it on line. right now they have 20,000 members and actually if you are alone and spend time in the airport. >> brian: you are either alone or not. so far the people of the united states, and mexico and germany showed the most interest. he has members from around the world. i don't understand if you have to plan before you go to airport to meet someone in the airport. you just ad-lib. >> steve: lay over at dall
four u.s. servicemen and women are suing the military. there argue there are no clear front lines and women find themselves engaged in combat. they are deny promotion because many leadership positions come with combat jobs. >> steve: taking you back to a time a day in miami in the airport at 2011. a fella sitting at the bar and thinking. there is people i would like to get to know. >> brian: he was noticing that people were looking at other people >> chris: we need something...
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she continued to defend her response on september 11th attack on the u.s. consulate in benghazi as a top pick to replace secretary of state hillary clinton. rice faces sort of an uphill battle because she failed to win over her harshest republican critics yesterday. >> i don't think it's an uphill battle. >> unless you want to be secretary of state for greenvil greenville, south carolina or mesa -- >> she requested this meeting was with specifically senators lindsey graham, kelly ayotte and -- >> they were upset. john mccain over the weekend. >> john mccain backed up. >> so it's really cool when she said i'm sorry. >> she did the brave thing and went right in there and said i want to -- >> how did that work. >> and talked about her initial account of the attack and explained to them she was relying on faulty intelligence and talking points from the intelligence community. >> they said? >> they said, you know what, we still don't get it. >> throw the video. >> we are significantly troubled by many of the answers that we got and some that we didn't get. it is
she continued to defend her response on september 11th attack on the u.s. consulate in benghazi as a top pick to replace secretary of state hillary clinton. rice faces sort of an uphill battle because she failed to win over her harshest republican critics yesterday. >> i don't think it's an uphill battle. >> unless you want to be secretary of state for greenvil greenville, south carolina or mesa -- >> she requested this meeting was with specifically senators lindsey graham,...
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as a u.s. company, i am eager to hear your thoughts on what we can do to help advance the process going forward. >> thank you. that is a great question. there are three things. the first thing is, get together and identify. continue to help identify what thissues are. second thing is when you have identified the issues, bring those issues to people's attention. especially if you think you have a solution. the third thing he can do, this is where i think the process will succeed or fail in the long term, that is what can we do systemically to get ound this kind of problem in of the future? there is all kinds of things we can do now to verify all kinds of impediments to trade or like the tory mismatches that did not make a lot of sense. -- or regulatory mismatches that do not make a lot of sense. that is the real challeng that is what i challenge their own officials to do. not as victims problems but let's at a fixed them identify what it was in the system that caused them to arrive as into the f
as a u.s. company, i am eager to hear your thoughts on what we can do to help advance the process going forward. >> thank you. that is a great question. there are three things. the first thing is, get together and identify. continue to help identify what thissues are. second thing is when you have identified the issues, bring those issues to people's attention. especially if you think you have a solution. the third thing he can do, this is where i think the process will succeed or fail in...
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did after all just cut forecasts for u.s. growth next year from two point six percent to just two percent so is this a good thing all these consumers spending money or does it not do much since chances are many of the goods these shoppers shelled out for on sale were made in the u.s. because of peterson had to say. consumption is the reward for economic growth or does it cause growth it's production it's because all this stuff was manufactured that we get to consume it and you're right most of the stuff that people bought. black friday or cyber monday was produced outside the united states and so foreign economies generated those bad production and they you know basically sold it to us so the world fortunately we're having to borrow the money to pay for it but also i think if you look at some of the deals that were being offered i'm not even sure how much money a lot of the retailers actually earned because in order to get americans to buy stuff they really slashed prices to the point that they might even sold some stuff at a
did after all just cut forecasts for u.s. growth next year from two point six percent to just two percent so is this a good thing all these consumers spending money or does it not do much since chances are many of the goods these shoppers shelled out for on sale were made in the u.s. because of peterson had to say. consumption is the reward for economic growth or does it cause growth it's production it's because all this stuff was manufactured that we get to consume it and you're right most of...
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1,000 u.s. workers in hamtramck michigan. although it is a green product it doesn't get any more red white and blue than that. thanks everybody for joining us here in "the war room." have a great night. we'll see you tomorrow. >> eliot: good evening. i'm eliot spitzer. this is "viewpoint." three weeks ago campaign season came to a conclusion. or so we thought. with the impending austerity bomb better known as the fiscal cliff, quickly approaching both sides seem to think of a way to push for the deal they want is to take their case to the american public. today, the white house announced the president will travel to a manufacturing facility in pennsylvania on friday for campaign-style event designed to boost public support for a package that includes tax rate increases for the wealthy. not to be outdone speaker boehner announced that house republicans would be making similar appearances across the country, going to small businesses to speak about the "threat to jobs posed by congressional democrats" small business tax hike. w
1,000 u.s. workers in hamtramck michigan. although it is a green product it doesn't get any more red white and blue than that. thanks everybody for joining us here in "the war room." have a great night. we'll see you tomorrow. >> eliot: good evening. i'm eliot spitzer. this is "viewpoint." three weeks ago campaign season came to a conclusion. or so we thought. with the impending austerity bomb better known as the fiscal cliff, quickly approaching both sides seem to...
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> i largely think that this is the part of that the leveraging process, moving to a point where the u.s. government is, to get more fiscally sound. and so obviously last year was a much more heated argument with our cogress around the debt ceiling debate. obviously the tea party. they put in the sequester cuts, and now is the fiscal cliff. now, i think globally it i largely viewed as something that would be pretty to crony in. the comments, the monetary policy is not something that can offset it. it will probably put this into a recession. i don't think you're going to see a grand bargain, but i think you will see steps to start the have a down payment of working our way into facing. gerri: a short-term resolution, maybe. let's at least get past the deline. maybe then we move into abigger discussion of real tax reform and intel now reform. is tat something that somebody in your position with favre? >> i think tt stcturally we need to see reforms on the spending as well as the tax side i don't think you will see that of the the next four weeks, but you will start to see that and you will
> i largely think that this is the part of that the leveraging process, moving to a point where the u.s. government is, to get more fiscally sound. and so obviously last year was a much more heated argument with our cogress around the debt ceiling debate. obviously the tea party. they put in the sequester cuts, and now is the fiscal cliff. now, i think globally it i largely viewed as something that would be pretty to crony in. the comments, the monetary policy is not something that can...
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2007-2008, that's a part of the narrative when there actually is very tangible achievement and the u.s. and the afghan government is willing to win over the local populous and get them to start casting out the terrorists in the villages and hamlets and this one lieutenant, alex newsom who was in afghanistan early this year doing special operations missions, says that when he went back to this area, the people there all remembered him. they were still anti-taliban. they were still willing to fight. he was very encouraged. as i said, he's in the minority there. but it wasn't as if all of these individuals, all of a sudden became taliban. mainly they don't want anyone bothering them. >> eliot: that's the question. no doubt. our presence there can have that affirmative effect. was it possible -- is it possible to argue that there would have been a pushback that might have been stronger without an external force where we become, in a way the enemy. we become the invading presence, the empire that people have rejected for thousands of years. >> i don't know. what the book illustrates is this
2007-2008, that's a part of the narrative when there actually is very tangible achievement and the u.s. and the afghan government is willing to win over the local populous and get them to start casting out the terrorists in the villages and hamlets and this one lieutenant, alex newsom who was in afghanistan early this year doing special operations missions, says that when he went back to this area, the people there all remembered him. they were still anti-taliban. they were still willing to...
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the u.s. wants to avoid becoming another greece. we will look at the latest deal giving athens another envision of bail-out money. "special report" from washington at 6:00 eastern. a lot to tack. in now back to any colleagu my s with "the five." ♪ ♪ >> andrea: are you feeling lucky? the largest jackpot in powerball history. $500 million is up for grabs. numbers are drawn tomorrow. what would you do with all that dough? i went out and i asked some folks. >> you just bought power ball tickets. what would you do with half a billion dollars if you won? >> if i won, i pay the mortgage. >> take a trip to paris. >> take care of the family. take care of friends. i'd buy my own jet. >> i'd just probably take the globe. spin it and see where i'd end up. >> i think i take you home if i want. >> cost you more than half a billion dollars, buddy. >> show up to work the next day? >> probably would. >> definitely not. >> quit your job? >> definitely. >> you still work? >> yes. why don't you try your luck? >> i think i just might. can i get one?
the u.s. wants to avoid becoming another greece. we will look at the latest deal giving athens another envision of bail-out money. "special report" from washington at 6:00 eastern. a lot to tack. in now back to any colleagu my s with "the five." ♪ ♪ >> andrea: are you feeling lucky? the largest jackpot in powerball history. $500 million is up for grabs. numbers are drawn tomorrow. what would you do with all that dough? i went out and i asked some folks. >>...
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an antimuslim film for fueling a spontaneous demonstration and not a planned trust attack, that left u.s. ambassador chris stevens and three our americans dead and today the senators are demanding answers and arizona republican senator john mccain who was at meeting, senator, you didn't seem to get a lot out of that. >>guest: no, i did not. i thought you were the sexiest man alive. >>neil: i was annoyed by that, i was encouraged that he is a bit chunky. this could be paving the way, but enough about me. >>guest: maybe you were separated at birth. >>neil: this is going to be a tough interview, senator. it could have been nice but you went the other way. the frustration, she called for the meeting, right? >>guest: yes. >>neil: to talk to the republican leaders and it seemed to boomerang. what happened? >>guest: well, some of the answers were hard to understand and some of the information she had access to, clearly, they contradicted the statement that she made and, by the way, today, after all this time, she issued a statement and in that statement she said she had given false information
an antimuslim film for fueling a spontaneous demonstration and not a planned trust attack, that left u.s. ambassador chris stevens and three our americans dead and today the senators are demanding answers and arizona republican senator john mccain who was at meeting, senator, you didn't seem to get a lot out of that. >>guest: no, i did not. i thought you were the sexiest man alive. >>neil: i was annoyed by that, i was encouraged that he is a bit chunky. this could be paving the way,...
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>> europe has been sliding for some time and the u.s. actually is i would say strongest relative to where it was six months ago or nine months ago. the housing is coming back big time. >> rose: and the emerging nations? even brazil, they're all higher. >> yeah. but five years from now, ten years from now, the world every will be doing better, in my view. >> rose: because? >> just because capitalism and market systems work. it's been working since 1776 here and it wasn't because we had stimulus programs in 1794. it's because, you know, a system -- our system unleashes people's potential and we've got 312 million people that want to do better tomorrow than today and over time that works. human potential is still untapped to a big degree and our system does unleash it over time and we do it in fit and starts but this country goes forward and it will continue to go forward. the luckiest person in history on a probability basis, in my view, is the baby being born in the united states today. >> rose: more so than china? more so than places for
>> europe has been sliding for some time and the u.s. actually is i would say strongest relative to where it was six months ago or nine months ago. the housing is coming back big time. >> rose: and the emerging nations? even brazil, they're all higher. >> yeah. but five years from now, ten years from now, the world every will be doing better, in my view. >> rose: because? >> just because capitalism and market systems work. it's been working since 1776 here and it...
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but why were those warning signs from the libyan officials on the ground, u.s. officials in libya, why were those not taken more seriously perhaps or addressed in a different way. so part of all this attention is that kind of leverage. andrea? >> that's, of course, what is going to come up at confirmation hearings if she is nominated as the president we are told really wishes to follow up on. that is going to be the focus, part of the focus, of the nomination and confirmation hearings and another warning shot today from lindsey graham, look at what he had to say about a previous confirmational battle one that the republicans lost. >> well, i remember the john bolton episode pretty well. our democratic friends felt like that john boltton didn't have the information needed to make an decision about john bolten to be ambassador and democrats dug in their heels saying we're not going to vote, not going to consider this nomination until we get basic answers to our concerns. all i can tell you is that concerns i have are greater today than they were before. >> interes
but why were those warning signs from the libyan officials on the ground, u.s. officials in libya, why were those not taken more seriously perhaps or addressed in a different way. so part of all this attention is that kind of leverage. andrea? >> that's, of course, what is going to come up at confirmation hearings if she is nominated as the president we are told really wishes to follow up on. that is going to be the focus, part of the focus, of the nomination and confirmation hearings and...
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cheryl: so u.s. focused as you are, the first half of 2012 because of lack of natural disasters and numbers were fairly good, what we looking at for the second half of 2012? >> in the second half we had superstorm sandy and a lot of work to be done to assess the true cost of superstorm sandy. the best estimates at the moment for the costs to the insurance industry, not the economic costs but costs to the insurance industry between $15 billion and $25 billion, superstorm sandy on par with hurricane ike. cheryl: what does it mean for lloyd's? >> we will pick up a proportion of that, anything between 5%, and 10% of these storms when they hit the u.s. but at this stage without a clear understanding of the number it is difficult to say what it is, working with syndicates in lloyd's market to come up with an estimate they hope we will have by the end of the year. cheryl: one thing we talk about on the east coast is constructing coastal flood barriers. is that something you support? >> couldn't hear the que
cheryl: so u.s. focused as you are, the first half of 2012 because of lack of natural disasters and numbers were fairly good, what we looking at for the second half of 2012? >> in the second half we had superstorm sandy and a lot of work to be done to assess the true cost of superstorm sandy. the best estimates at the moment for the costs to the insurance industry, not the economic costs but costs to the insurance industry between $15 billion and $25 billion, superstorm sandy on par with...
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after weeks of verbal assaults, lobbed at u.s./u.n. ambassador susan rice by republican leaders the ambassador went to capitol hill to sit down with her critics. did her face-to-face clear up outstanding questions and put an end to the accusatory language? judging by the initial reaction from john mccain,
after weeks of verbal assaults, lobbed at u.s./u.n. ambassador susan rice by republican leaders the ambassador went to capitol hill to sit down with her critics. did her face-to-face clear up outstanding questions and put an end to the accusatory language? judging by the initial reaction from john mccain,
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u.s. ambassador susan rice hopes to put that controversy to rest. if she is successful, it would remove the largest political hurdle to her nomination as secretary of state. rice is meeting right now behind closed doors with three of her most vocal critics, republican senator john mccain, kelly ayotte and lindsey graham talking behind closed doors to discuss classified material. the acting director of the cia, mike morel, is helping her answer questions and will accompany her to other meetings on the hill this week. an aide to mccain tells cbs news that rice requested this meeting last week and it could be decisive. if she answers mccain's questions to his satisfaction, he says he would support her nomination. >> margaret, what do you think those questions will be from the senators that they want answered? >> reporter: charlie, there are a lot of them. specifically senator mccain has said he wants ambassador rice to explain why she did not mention that within 24 hours of the assault in benghazi that the intelligence community knew that there were li
u.s. ambassador susan rice hopes to put that controversy to rest. if she is successful, it would remove the largest political hurdle to her nomination as secretary of state. rice is meeting right now behind closed doors with three of her most vocal critics, republican senator john mccain, kelly ayotte and lindsey graham talking behind closed doors to discuss classified material. the acting director of the cia, mike morel, is helping her answer questions and will accompany her to other meetings...
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. >>> the u.s. soldier accused of giving state secrets to wikileaks will speak for the first time since his arrest in 2010. bradley manning will testify today at a pre-trial hearing. he is expected to talk about his treatment, saying he's already been punished by being in solitary confinement. >>> you're not going to believe this. the pope mobile used by pope john paul ii on his visit to ireland in 1979 is now going to be used as a party rental. the "irish times" reports the newly refurbished vehicle will be used for bachelor parties and corporate gigs. seats 14 people including one person who can sit in the pope's chair. it costs $325 an hour to rent. >>> and call it a big oops for china's communist party newspaper, "the people's daily" ran a 55-page photo spread on its website in tribute to kim jong-un citing a report by the onion. apparently it was lost on them that the onion is satire. the chinese paper went on to call kim a devastatingly handsome round-faced heart throb. as our politicians wran
. >>> the u.s. soldier accused of giving state secrets to wikileaks will speak for the first time since his arrest in 2010. bradley manning will testify today at a pre-trial hearing. he is expected to talk about his treatment, saying he's already been punished by being in solitary confinement. >>> you're not going to believe this. the pope mobile used by pope john paul ii on his visit to ireland in 1979 is now going to be used as a party rental. the "irish times"...
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manny is charged with the biggest security breach in u.s. history by sending the classified cables to the web site wikileaks. we will check the forecast and the roads after the break. [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. faster than mandy can hang up on mr. monday. you hang up first. [ female announcer ] in just 60 seconds, you've got snack-defying, satisfying totino's pizza rolls. [ ringing ] it's on. let's roll. >>> welcome back. time is 10:28. getting a look at the live conditions at the golden gate bridge. these are high-level clouds. no fog to report. we have three storm system s slated to bring us rain. we have 64 in fremont and 62 degrees in san jose. we will time out the storm systems for you at 11:00. let's check out the drive with anthony slaughter. >>> thank you, christina. it is congested out there. not as b
manny is charged with the biggest security breach in u.s. history by sending the classified cables to the web site wikileaks. we will check the forecast and the roads after the break. [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. faster than mandy can hang up on mr. monday. you...
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we're confident we can sell more than all the cars in the u.s. without a shadow of a doubt. >> real quick. christmastime is the time of year when luxury seams go through the roof. why is that here in the united states? you're expecting a big december. >> we're expecting an enormous december with new cars like this and the jaguar f type getting interest as well. i think it's institutionalized. we create a big december. the martin, the lease payments and whole industry gets behind the market. from thanksgiving onwards it really generates a big car market. >> andy goss, president of jaguar and land rover in the united states. sales this year up 18% for land rover here in the u.s. this goes on sale mid-december. carl. >> all right, phil. enjoy l.a. we'll see you in a little bit. senator dick durbin a member of the boles-simpson commission and the so-called gang of eight lag out the progressive case for a bipartisan fiscal cliff deal. we'll bring you headlines as they happen. when we come back, men have a rep utation for hagting to shop. we'll tell yo
we're confident we can sell more than all the cars in the u.s. without a shadow of a doubt. >> real quick. christmastime is the time of year when luxury seams go through the roof. why is that here in the united states? you're expecting a big december. >> we're expecting an enormous december with new cars like this and the jaguar f type getting interest as well. i think it's institutionalized. we create a big december. the martin, the lease payments and whole industry gets behind the...
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customers, u.s. customers must close their accounts and withdrawal all funds by the end of the year. and a group of former mf global customers is asking a court for permission to subpoena the commodities brokers executives, including former ceo jon corzine, although no one's seen him. the commodity customer coalition is an advocate for trader customers who lost money when mf global went under. it wants to question mf executives under oath. we used to have him on here a lot. have we placed the call? is he returning our calls? yeah, call me. judge denied a similar request in february. and while corzine has stepped down, some executives remain at the company and they're assisting in its wind down. >>> bankruptcy beard dino, california has devoted to halt payments in an effort to try to balance its budget. the city will present the plan to a bankruptcy judge on friday. sa they need to close a nearly $46 billion budget deficit. new york and new jersey need at least $71.3 billion to recover from the devast
customers, u.s. customers must close their accounts and withdrawal all funds by the end of the year. and a group of former mf global customers is asking a court for permission to subpoena the commodities brokers executives, including former ceo jon corzine, although no one's seen him. the commodity customer coalition is an advocate for trader customers who lost money when mf global went under. it wants to question mf executives under oath. we used to have him on here a lot. have we placed the...
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ambas -- u.s. ambassador in more than 30 years, how do you call that hype? >> how many security contractors died in iraq? do you know? >> i don't. >> no. nobody does because nobody cared. we know that several hundred died but there was never an official count done of security contractors in iraq. so when i see this focus on what was essentially a small fire fight, i think number one -- i've covered a lot of fire fights, it is impossible to figure out what happens in them sometimes and second, i think that the emphasis on benghazi has been political partly because fox was operating as a wing of the republican party. >> all right, thank you. >> you're welcome. >> bill: let's play it again. he says you're welcome. >> never ask a question you don't know the answer to. >> bill: you're welcome. get outta here! cut his mic. apparently he reported that the producer told him after the interview -- after they pulled the plug, the producer said you were very rude. he wasn't rude. he was polite. >> polite way to tell them they're full of crap. >> you ask me a question,
ambas -- u.s. ambassador in more than 30 years, how do you call that hype? >> how many security contractors died in iraq? do you know? >> i don't. >> no. nobody does because nobody cared. we know that several hundred died but there was never an official count done of security contractors in iraq. so when i see this focus on what was essentially a small fire fight, i think number one -- i've covered a lot of fire fights, it is impossible to figure out what happens in them...
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not everybody can do it. >> the chinese like the u.s. because they get more bang for their buck. 2 nill in shanghai will get awe condo, two bedroom. they're investing a lot in the commercial. $2 billion last year. that's quadruple several years ago. back to you inform good way to make money. live in the city of angel, thank you very much. >> brian: the realtors get commission. now the rest of your headlines. >> gretchen: the powerball jackpot could get bigger than the 425 million on the billboards right now. there has been a big frenzy of ticket sales since sunday and lottery officials are considering boosting the jackpot. they'll look at current and estimated ticket sales to make the decision today. don't forget, the drawing is tomorrow night. >> steve: meanwhile, remember this guy right here who looks an awful lot like me is it that is governor lincoln chafee of the great state of rhode island. he triggered a controversy last year when he decided to call the state's christmas tree a holiday tree. we talked about it on the program. his
not everybody can do it. >> the chinese like the u.s. because they get more bang for their buck. 2 nill in shanghai will get awe condo, two bedroom. they're investing a lot in the commercial. $2 billion last year. that's quadruple several years ago. back to you inform good way to make money. live in the city of angel, thank you very much. >> brian: the realtors get commission. now the rest of your headlines. >> gretchen: the powerball jackpot could get bigger than the 425...
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here with us now to tell us more about it, the u.s. business editor of "the economist" matthew bishop. matthew is the author of how giving can save the world. and he's part of the team of influencers behind this inaugural national day. >> matthew, it's great to have you here. i see here, this is a positive sign. charitable fwifg increased from 2010 to 2011, 4%. >> i think charity is something that americans really do better than anyone else in the world, when the going is quite tough, they still give. but i think we felt, the people who came up with this idea, most started out on the 92nd street "y" which you know very well as an organization and the u.n. foundation and the social media sites. the huffington post came in and started to spread the word. like the shopping season has this opening day with black friday and cyber monday, the giving season, the next few weeks, when most of the giving is concentrated. that means an opening day as well. so the idea was to just put that eidea out there and it caught o and basically people are b
here with us now to tell us more about it, the u.s. business editor of "the economist" matthew bishop. matthew is the author of how giving can save the world. and he's part of the team of influencers behind this inaugural national day. >> matthew, it's great to have you here. i see here, this is a positive sign. charitable fwifg increased from 2010 to 2011, 4%. >> i think charity is something that americans really do better than anyone else in the world, when the going is...